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Housing Markets

Market Sees 8 Percent of 2022 Mortgaged Home Purchases Underwater

The Data & Analytics division of Black Knight Inc. has released its latest Mortgage Monitor Report. Despite home price corrections continuing in many markets...

Unemployment Rate, Labor Force Participation Rate Continued to be ‘Stuck’ in November

The U.S. economy added 263,000 jobs in November - above expectations - while the unemployment rate remained unchanged at 3.7%, according to the U.S....

ATTOM Finds Mid-Atlantic States, Calif. and Ill. as Most Vulnerable to Market Declines

ATTOM has released its Special Housing Risk Report, spotlighting county-level housing markets around the United States that are more or less vulnerable to declines,...

Case-Shiller: U.S. Home Prices Fell 0.8 Percent in September

U.S. home prices continued to fall in September, decreasing 0.8% on an adjusted basis compared with August, according to the S&P CoreLogic Case-Shiller home...

Three of Four Regions Experienced Pending Home Sales Decreases in October

Pending home sales slid for the fifth consecutive month in October, according to the National Association of Realtors. Three of four U.S. regions recorded...

House Prices Increased Over 12 Percent from Q3 2021 to 2022, FHFA HPI Report...

U.S. house prices rose 12.4% from the third quarter of 2021 to the third quarter of 2022, according to the Federal Housing Finance Agency...

Home Price Growth Slows Down Dramatically in Pandemic Hotspot Markets

Places where home prices shot up due to out-of-towners moving in with big budgets are now seeing prices rapidly decline, according to Redfin. Home-price...

Real House Prices Increased Over 10 Percent from September 2021 to 2022

The September 2022 First American Real House Price Index (RHPI) shows that real house prices increased 10.5% between August 2022 and September 2022, and...

New Home Sales Unexpectedly Increased in October 

New home sales in October were at a seasonally adjusted annual rate of 632,000, an increase of 7.5% compared with September but down 5.8%...

October Rental Market Saw Smallest Annual Increase in 14 Months

The median U.S. asking rent in October rose 7.8% year over year to $1,983, the smallest annual increase since August 2021, according to Redfin. October...

Zillow Research Pinpoints Best Day to Lower List Prices

Home buyers looking for a Black Friday deal may want to shop on Thursdays. That's the day of the week when sellers are most...

Freddie Mac Identifies Homeownership Hurdles for Gen Zers

Homeownership continues to be something to strive for among “Generation Z,” the demographic cohort following Millennials, according to a new survey from Freddie Mac. This...
new construction home

Housing Affordability Decreases to Lowest Level in a Decade

Housing affordability fell to its lowest level since the National Association of Home Builders (NAHB) began tracking it on a consistent basis in 2012...

Homebuyer Demand Decreased 34 Percent Year Over Year, Redfin Finds

Inflation has begun to slow, which is already helping bring daily mortgage rates down. However, a longer trend of lower inflation is needed for...
California - metro area homes

Majority of Metro Areas Experienced Q3 Year-Over-Year Price Increases

An overwhelming majority of metro markets saw home price gains in the third quarter of 2022 despite mortgage rates that approached 7% and declining...

Black Knight: U.S. Home Equity in Q3 Saw Largest Drop Since 2009

U.S. homeowners with mortgaged properties collectively lost about $1.3 trillion in home equity in the third quarter due to a dip in home prices,...

New Construction Home Volume for Sale in Q3 Set Record High

Twenty-nine percent of U.S. single-family homes for sale in the third quarter were new construction – the highest share of any third quarter on...

Redfin Spots a Glimmer of Hope with Homebuying Demand Stabilization

A few measures of homebuying demand ticked up in the last week of October, a month that saw one-third fewer pending sales than a...

Fannie Mae Survey Shows All-Time Low Consumer Confidence Levels

The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 4.1 points in October to 56.7, its eighth consecutive monthly decline and the lowest reading...

NAR: Share of First-Time Home Buyers Drops to Record Low

Housing affordability and inventory challenges significantly impacted when, where and how consumers purchased homes, according to the National Association of Realtors' 2022 Profile of...